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Debate between Jonathan Reynolds and Robbie Moore
Thursday 13th March 2025

(3 weeks, 2 days ago)

Commons Chamber
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Robbie Moore Portrait Robbie Moore (Keighley and Ilkley) (Con)
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Whether it be the increase in the minimum wage, the increase in employer national insurance, the increase in business rates, or indeed the changes made to the Employment Rights Bill, all of these measures collectively are negatively penalising many businesses across my constituency, whether in Keighley, Ilkley or further afield. As a result, redundancies are having to be made, or the price of products and services are having to increase, and these businesses cannot absorb the additional increase that this Labour Government are putting on them. Did the Government undertake any economic impact assessment of what all of these measures collectively would have on hard-working businesses across my constituency?

Jonathan Reynolds Portrait Jonathan Reynolds
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As I have said to Conservative Members before, of course we are very sensitive to the aggregate impact of Government policy, because, frankly, having observed the Conservative Governments of the previous 14 years, I thought they completely missed this point and at many times had different Departments doing completely opposing things.

I want to say something specific on business rates. No business rates relief was planned had the Conservative party won the election. The reduction to 40% was an increase in what was in the national accounts—again, short-term decisions for short-term, partisan, political benefit; no serious plan for the future.

The hon. Gentleman will have seen the figures from the Insolvency Service this week, which are very interesting. They show that fewer people have been made redundant over the past 12 months than in the year before, so I am afraid that the doom-mongers of the Conservative party have been proved absolutely wrong by the statistics that we have.